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Average Project Management Specialists Salary in Knoxville, TN

Project Management Specialists in Knoxville, TN, earn an average annual salary of $89,500. This figure is notably below the national average of $108,900, reflecting regional economic factors and the specific demand within the Knoxville market. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $89,500 per year.
  • Growth Trend: Salaries have shifted 3.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,240.
  • Outlook: With a local workforce of 2,730 Project Management Specialists and a Location Quotient of 1, the job market in Knoxville is stable and mirrors national concentration levels. The presence of 6.533 jobs per 1,000 workers indicates a consistent, albeit not exceptionally high, demand for these professionals within the region.
2024 Market Data

Salary Overview

$89,500

The average Project Management Specialists in Knoxville, TN earns-17.8%below the national average.

BreakdownBased on 40h/week
Hourly

$43

Weekly

$1,721

Monthly

$7,458

Project Management Specialists Salary Distribution in Knoxville, TN

Salary progression for Project Management Specialists in Knoxville typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles with extensive experience and proven track records can command salaries significantly higher than the average. The gap between these percentiles signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,260$24.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,125$32.3
ManagerOversees team, compliance, and project delivery.50% (Median)$83,690$40.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,875$53.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,240$64.5

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$89,500

Gross Pay

Real Wage (Purchasing Power)

$89,500

Adjusted for COL (100)

The average salary of $89,500 in Knoxville aligns perfectly with the national average cost of living index of 100. This means that, on average, the purchasing power of a Project Management Specialist's salary in Knoxville is equivalent to that of their national counterparts, making it a financially neutral relocation from a cost-of-living perspective.

Job Market Context

2,730

Total Jobs

6.533

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Knoxville, TN has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.

A Location Quotient of 1 for Project Management Specialists in Knoxville indicates that the concentration of these roles in the local job market is precisely at the national average. This suggests a balanced market where demand and supply are relatively stable, without significant over- or under-representation compared to other professions nationwide.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Morristown, TN Project Management Specialists Salary$81,430↓ 9%40 mi
Cleveland, TN Project Management Specialists Salary$81,330↓ 9%75 mi
Asheville, NC Project Management Specialists Salary$93,620↑ 5%83 mi
Kingsport-Bristol, TN-VA Project Management Specialists Salary$88,070↓ 2%87 mi
Johnson City, TN Project Management Specialists Salary$85,640↓ 4%91 mi

Comparing salaries near Knoxville, TN

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Knoxville, TN?

The median annual salary for a Project Management Specialists in Knoxville, TN is $89,500. This typically ranges from $51,260 for entry-level positions to $134,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 17.8% lower than the national median of $108,900.

Is Knoxville, TN a lucrative place for Project Management Specialists?

Knoxville, TN offers a stable, but not exceptionally high, earning potential for Project Management Specialists.The average salary of $89,500 is below the national average, but the cost of living is also at the national average, resulting in neutral purchasing power.

Is Knoxville, TN a good place to live for Project Management Specialists?

The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($81,430) and Cleveland, TN.

How does Knoxville's Project Management Specialist salary compare to the national average?

The average salary in Knoxville ($89,500) is approximately 18% lower than the national average ($108,900).

What is the cost of living in Knoxville, TN for Project Management Specialists?

Knoxville's cost of living index is 100, which is exactly the national average, meaning expenses are neither higher nor lower than the typical U.S. city.

How many Project Management Specialists are there in Knoxville, TN?

There are approximately 2,730 Project Management Specialists employed in the Knoxville, TN area.

Is the job market for Project Management Specialists competitive in Knoxville?

With a Location Quotient of 1, the market is neither overly saturated nor exceptionally scarce, indicating a balanced level of competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,730 employees in the Knoxville, TN area with a job density of 6.533 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Knoxville, TN